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Just closed out all BTC and ETH long positions.
It wasn’t because of losses—in fact, I made a small profit. But the rhythm at this level is gone—the market is rebounding amid extreme panic, and the RSI has already surged past 70. This is noise, not rhythm. You can tell that even though the rebound is fierce, the 4-hour timeframe is still in a deep bear market, with prices well below all moving averages.
Holding or adding positions at this point is like trying to dance to chaotic drums. As a swing trader, I’d rather wait for a clear rhythm to return. Right now, the market calls for watching, not acting.
The account is back to flat—let the bullets fly for a while. Sometimes, the best trade is no trade at all.
#BTC #ETH #GateAI人机对抗赛 #GatePerps